Gramercy Developments LLC is a boutique luxury real estate development firm operating in New York City . Gramercy Developments seeks out and secures distressed, undervalued real estate assets including condominiums, co-op’s and townhouses for a high-end, luxury renovation and development projects. The focus of Gramercy Developments will be on properties that have lost their inherient value but poesss unique DNA and/or architectural features, and are located within highly desirable, historic and fashionable areas of downtown Manhattan, including Gramercy Park, West Village, Noho, Nolita, Soho, Tribeca and Chelsea.

Our company culture is one of creativity balanced with execution discipline and financial results

 

Over the past ten years, Gramercy Developments has established a through knowledge of the City neigbhboors. Our goal is to create value where value has been lost. Each building is architecturally distinct with an identity closely tied to its context and neigbhboor. Special attention is given to floor plans, a building’s location and the end buyer. Utilize experience in the “global luxury market” to execute a creative/development strategy, which will interpret consumer taste and demand, creating a “luxury lifestyle approach” to high-end residential real estate.

Process, due diligence and attention to detail are as critical to project execution as they are to financial success.

We seek value and appropriate risk-adjusted returns. We identify projects that offer opportunity to unlock real value. Once identified, we complete a full due diligence before committing, believing that extensive knowledge is the key to risk mitigation. We personally invest meaningful capital in each project, and in doing so, have alignment with our investor’s interests.

Gramercy Developments has consistently delivered compelling financial returns.